Pandemic-Era Shoppers Splurge on Vitamins, Boosting Nestlé Sales 

Nestlé said the virus has increased consumers' health consciousness, boosting the company's small but fast-growing health-sciences unit and contributing to better-than-expected overall sales.

Pfizer Sets Up Its 'Biggest Ever' Vaccination Distribution Campaign 

The drugmaker is preparing to ship over a billion doses of Covid-19 vaccine using frozen boxes, cargo planes and trucks in a mega logistics operation.

Cathay Pacific Slashes Workforce as Travel Forecasts Remain Bleak 

Hong Kong's flagship carrier will cut its workforce by a quarter and close a subsidiary airline as it seeks to stem losses from a coronavirus-induced downturn that is expected to devastate the aviation industry for years.

Cameo Pitches Its Custom Celebrity Videos for Business-to-Business Marketing 

Cameo, a company that helps fans hire celebrities from Snoop Dogg to Rosie O'Donnell to record custom videos for birthdays and other occasions, believes it has a new revenue opportunity: pitching its stable of actors, athletes and influencers for business-to-business sales.

Rising Interest in Recreational Vehicles Helps Rental Platform Secure Investment 

Private-equity firm KKR & Co. Inc. is spearheading an investment of more than $100 million in a peer-to-peer rental platform for recreational vehicles as the coronavirus pandemic brings new interest to the pastime.

Apollo Board Panel to Review Leon Black Ties With Jeffrey Epstein 

The law firm Dechert has been selected to examine the business dealings between the private-equity firm's CEO and the disgraced financier.

GMC's All-Electric Hummer Pickup Highlights GM's New Strategy on EVs 

The company is shifting its strategy to attract customers who have deep pockets and want to be seen riding in style.

Disney Denounces California's Theme-Park Reopening Plans 

Disney said the strict guidance would significantly complicate the company's efforts to reopen Disneyland and criticized the government for applying inconsistent standards for different businesses in the state.

Berkshire to Pay $4.1 Million to Settle Allegations of Violating U.S. Sanctions on Iran 

Berkshire Hathaway has agreed to pay roughly $4.1 million to settle allegations that a Turkish subsidiary violated U.S. sanctions on Iran.

Justice Department Presses to Curtail Purdue Pharma Bankruptcy Probe 

The Justice Department is urging a bankruptcy judge to limit a creditor probe of OxyContin maker Purdue Pharma into the billions of dollars in profits collected by the Sackler family members who own the company.


(END) Dow Jones Newswires

October 21, 2020 09:15 ET (13:15 GMT)

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